Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Bill F. who wrote (58721)	8/26/1999 10:24:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 86076

wana see how tied to the yen everything is???? bigcharts.com run a 3 year chart at this site. enter KO in the main slot and place ABX in the comparison box..... note the opposite correlation..... then type in C_JPY for the yen and note when each stock put in its top/bottom respectively..... ho ho ho.... i've been wtahcing this for a while, but it has gotten REALLY obvious lately.... both even had the BOE gold dumping announcement priced in.... when gold breaks this time (and asuming it does break loose and the G-7 and shorts have played their last card) it will likely signal the DEATH of equities and definitly a crash in KO. KO lead both the yen and gold on the first round last yr and appears to e leading again as it did during the BOE false break... perhaps gold leads this time instead jjust to fool us??? who knows? but KO appears to be coiling up to UNLOAD thru its head and shoulders pattern.... and gold... well... ABX projects a double and it is heavily hedged so its upside is limited. KO is one of the US's greatest co's and its H&S pattern projects to a 60% decline.. just imagine what is going to happen to trash like DELL when those patterns break... HO HO HO got gold? -g-